BTC dropped to supportBitcoin just dropped down to the confluence of trendlines + previously important market structure. Let's see if the support is strong enough to stop this sharp decline.
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
ETHBTC
BTC triangle breakoutPlease 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free.
₿itcoin broke down this triangle📐 and I think there is chance for run to 22580 and even lower. Setting SELL LIMIT order to previous range low to catch🎣 the pullback.
ENTRY : local high @ 23100
STOPLOSS (SL) : local low @ 23222
TARGET (TP) : height of the triangle projected from midpoint of the local range (SELL LIMIT - STOPLOSS) @ 22580
REWARD RISK RATIO (RRR) : 4.3
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
BITCOIN 2H TA; Resistance ZonesAccording to the chart, the triangle pattern has broken upwards and there are important resistance ranges ahead. In case of reaction on these ranges, I have specified the possible scenarios on the chart.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Critical support for ETHBTCPlease 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free.
ETHBTC dropped out of the yellow channel, broke the lime uptrendline and backtested the white downtrendline where price found strong support from Hulk.💪 After the bounce up price reclaimed the lime uptrendline and even got back inside the yellow channel and also broke the red downtrendline. I think the white confluence area of the trendlines needs to hold as support otherwise breaking down would be bearish in my view.
See the original idea here:
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
BITCOIN 1H TA; new trendline updateAccording to the previous analysis, we put the important resistance of $23,500 as an important range, which was corrected when it hit this area. Now, if the range of the trend line is maintained and the resistance is broken, an upward trend will be formed, and otherwise, a downward trend will be formed.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
#ETH, seeking to test the highest value since mid-January#ETH /BTC
seeking to test the highest value since mid-January w/ a new HH today
Unless POS transition dates are again delayed, I believe it will continue to advance toward new highs
The UCTS indicator agrees & is bullish across several timeframes (25% since the latest 1D Buy)
ETH/BTC CHART Don't fall for it, it's coming down again. :)
We can see a clear weekly triple top.
Break down of neckline, now a re-test of the structured right shoulder.
This environment should not allow the weekly to close above.
Too many indicators pointing lower, probabilities for a lower low is high.
Feel free to leave your thought
Ethereum - watching support levelEthereum
Intraday
We look to Buy at 1571 (stop at 1524)
We look to buy dips. The previous swing low is located at 1560. Bespoke support is located at 1550. Daily signals are mildly bullish.
Our profit targets will be 1688 and 1728
Resistance: 1700 / 1750 / 1780
Support: 1600 / 1550 / 1500
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Jamie Gun2Head Idea - Selling EthereumTrade Idea: Selling Ethereum
Reasoning: At resistance level, price is still, looking to drive lower within the channel
Entry Level: 1665
Take Profit Level: 1567
Stop Loss: 1692
Risk/Reward: 3.63:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
BITCOIN break the Channel NOW In the previous analysis of Bitcoin, we mentioned the downward channel, but now this channel has broken upwards, and if the pullback is completed, we have the possibility of the price increasing to resistance levels, otherwise it will return to the downward channel.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark